$85,000
SOLD APR 4, 2025

1531 Netherwood Ave Memphis, TN 38106

Southeast Memphis Neighborhood
3 Beds
1 Bath
1,000-1,199 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

40% Below List Price

120 Days on Market

Highlights

  • Updated Kitchen
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring

About This Home

As of April 2025

This great investment property has been renovated and ready for the new tenant. This one will be a great value add to your portfolio. Upgrades include New furnace, Hot Water heater, Plumbing, Panel box and more AS IS sale Seller will make no additional repairs

Last Agent to Sell the Property

Cassandra Bell-Warren

4 Success Realty, LLC License #289692 Listed on: 10/24/2024

Last Buyer's Agent

Crystal Mitchell

Renshaw Company, REALTORS License #346815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1912

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x143
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,384 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Crump Bros Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031009 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: CRUMP BROTHERS
  • Number Of Stories: 1
  • Price Per Sq Ft: 61.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1384
  • Year Built: 1912
  • List Price/ Sq Ft: 79
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 27
  • Acreage: 0.16
  • Lot Size: 50X143
  • Price Per Acre: 684375
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 031009 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Apr 3, 2025
Sold by
Behemoth Enterprises Llc
Bought by
Chickasaw Ventures Llc
Seller's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
Buyer's Agent
Crystal Mitchell
Renshaw Company, REALTORS
List Price
$142,500
Sold Price
$85,000
Premium/Discount to List
-$57,500
-40.35%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
205.24%

Purchase Details

Listed on
May 3, 2024
Closed on
May 22, 2024
Sold by
Love Eddie J and Love Anthony Bradley
Bought by
Behemoth Enterprises Llc
Seller's Agent
Jim Forsythe
eXp Realty, LLC
Buyer's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
List Price
$14,000
Sold Price
$25,677
Premium/Discount to List
$11,677
83.41%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
295.87%
Original Mortgage
$66,877
Interest Rate
7.17%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 2020
Sold by
Vanpelt Mary
Bought by
Vanpelt Roscoe
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 On Point Title
Warranty Deed $25,677 Home Surety Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,877 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $159,900 +88.1% $133 / Sq Ft
04/04/2025 04/04/25 Sold $85,000 -22.4% $85 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $109,500 -12.0% $110 / Sq Ft
12/02/2024 12/02/24 Price Changed $124,500 -2.4% $125 / Sq Ft
10/31/2024 10/31/24 Price Changed $127,500 -10.5% $128 / Sq Ft
10/24/2024 10/24/24 For Sale $142,500 +455.0% $143 / Sq Ft
05/22/2024 05/22/24 Sold $25,677 +83.4% $21 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $14,000 -- $12 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $520 $22,325 $6,950 $15,375
2024 $520 $15,325 $1,425 $13,900
2023 $520 $15,325 $1,425 $13,900
2022 $934 $15,325 $1,425 $13,900
2021 $944 $15,325 $1,425 $13,900
2020 $860 $11,875 $1,425 $10,450
2019 $860 $11,875 $1,425 $10,450
2018 $860 $11,875 $1,425 $10,450
2017 $488 $11,875 $1,425 $10,450
2016 $494 $11,300 $0 $0
2014 $494 $11,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2025

    James Wachob

    Foundation Property Management

    (901) 440-2037

    18 in this area

    609 Total Sales

    James Wachob
    Section Image
  • Cassandra Bell-Warren

    Seller's Agent in 2025

    Cassandra Bell-Warren

    4 Success Realty, LLC

    (981) 859-8562

    14 in this area

    139 Total Sales

    Cassandra Bell-Warren
    Section Image
  • Crystal Mitchell

    Buyer's Agent in 2025

    Crystal Mitchell

    Renshaw Company, REALTORS

    (901) 864-2650

    16 in this area

    197 Total Sales

    Crystal Mitchell
    Section Image
  • Jim Forsythe

    Seller's Agent in 2024

    Jim Forsythe

    eXp Realty, LLC

    (901) 383-0883

    1 in this area

    10 Total Sales

    Jim Forsythe
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10183914

Memphis Area Association of REALTORS®

APN: 03-1009-0-0010

Tennessee Shelby County Memphis 38106 Southeast Memphis

1531 Netherwood Ave, Memphis, TN

This home is located at 1531 Netherwood Ave, Memphis, TN 38106 and is currently priced at $85,000, approximately $70 per square foot. This property was built in 1912. 1531 Netherwood Ave is a home located in Shelby County with nearby schools including Hamilton High School, Memphis Delta Preparatory Charter School, and Soulsville Charter School.

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